Exhibit 10.4.4


 


SECOND REAFFIRMATION OF GUARANTY AGREEMENT


 


The undersigned (“Guarantors”)
have executed and delivered to BANKWELL BANK (the “Lender”) one or more guaranty agreement(s) pursuant to the
Unlimited Guaranty of Guarantors dated December 18, 2014 as reaffirmed by Reaffirmation of and Amendment to Guaranty Agreement
dated                                     
(the “Guaranty”) pursuant to which Guarantors absolutely and unconditionally, jointly and severally, guaranty the repayment
of all of the obligations and liabilities of Sachem Capital Partners, LLC (the “Existing Borrower”) to Lender
as described in the Guaranty, which obligations and liabilities have now been assumed by Sachem Capital Corp. (formerly known as
HML Capital Corp.) (the “Borrower”) pursuant to the Second Amended and Restated Commercial Revolving Loan and Security
Agreement, of even date herewith (the “Loan Agreement”).


 


On the date hereof,
pursuant to the Second Amended and Restated Commercial Revolving Loan and Security Agreement of even date herewith, Lender has
agreed to continue to make additional loans, advances or credit facilities (collectively, the “Obligations”) available
to Borrower on the condition that Guarantors reaffirm their absolute and unconditional joint and several guaranty of the existing
liabilities and obligations as described in the Guaranty and agrees to guaranty such Obligations of Borrower to Lender.


 


In consideration for
Lender’s agreement to provide the Obligations, the undersigned Guarantors acknowledge and agree as follows:


 


(i)          All
of the obligations of Guarantors to Lender as described in that certain Guaranty remain in full force and effect and the obligations
of Guarantors under the Guaranty shall include, without limitation, the repayment of all Obligations of Borrower to Lender. All
such obligations of Borrower will be absolutely and unconditionally guaranteed by Guarantors in accordance with the terms of the
Guaranty.


 


(ii)         Guarantors
hereby make for the benefit of Lender each of the representations and warranties set forth in the Guaranty on the date hereof.


 


(iii)        Guarantors
consent to the execution and delivery of any Loan Documents (as defined in the Loan Agreement) entered into by and between Borrower
and Lender relating to the Obligations.


 


(iv)        Guarantors
confirm that any collateral provided, if any, to secure their guaranteed obligations shall continue unimpaired and in full force
and effect, and shall cover and secure Guarantors’ existing and future guaranteed obligations to Lender.


 


(v)         At
any time and from time to time, promptly upon the request of Lender, each Guarantor shall furnish to Lender all information requested
by Lender and relating to any Guarantor or the business, operations, assets, affairs or condition of any Guarantor, including,
without limitation, verification of liquidity on an ongoing basis.


 


(vi)        Guarantors
hereby reaffirm and restate their absolute and unconditional joint and several guaranty of, and agreement to become surety for,
the full and prompt payment and performance of the obligations and liabilities of Borrower described in the Guaranty as if it were
primarily liable and obligated thereunder, as well as any and all Obligations of Borrower to Lender, whether now existing or hereafter
arising.


 




     


     


    

 


IN WITNESS WHEREOF,
and intending to be legally bound hereby, the undersigned has executed and delivered this Reaffirmation of and Amendment to Guaranty
Agreement on the _____ day of December 2016.


 


	SIGNED, SEALED AND DELIVERED IN THE PRESENCE OF:	 	GUARANTORS:
	 	 	 
	 	 	 
	Name:	 	John L. Villano, Individually
	 	 	 
	 	 	 
	 	 	Jeffrey Villano, Individually
	 	 	 
	 	 	 
	Name:	 	JJV, LLC,
	 	 	a Connecticut limited liability company
	 	 	 
	 	 	 
	 	 	By:  	 
	 	 	Name:  	Jeffrey Villano
	 	 	Its:	Manager
	 	 	 
	 	 	By:  	 
	 	 	Name:  	John L. Villano
	 	 	Its:	Manager


 




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